Sebi opens regional office in Hyderabad

As part of its plan to decentralise work to regional offices, Sebi has established a local office in Hyderabad. “The Board has established its Local Office at Hyderabad under the administrative control of its Southern Regional Office at Chennai,” Sebi (Securities and Exchange Board of India) said in a notification. The new office would cater to regulatory aspects of investor protection, financial as well as investor education and such other functions as may be assigned from time to time. “Its (local office) role and responsibility shall extend to the areas falling under the territorial jurisdiction of the State of Andhra Pradesh,” Sebi said.